Bitcoin prices may see a boost from Nvidia’s massive valuation drop and a pipeline of Initial Public Offerings (IPOs) from prominent cryptocurrency firms, analysts suggest. Shares in chip maker Nvidia closed down nearly 17% on Jan.
Bitcoin (BTC) managed a minor bounce of its worst levels of the day, but the bitcoin mining stocks were unable to reverse any of their plunge as
Bitcoin might have a shot at outperforming Nvidia over the long run. Yet it also wasn't surprising to see some of those big investors reduce their exposure to the chipmaker after its 2,100% run over the past five years.
Bitcoin surges past $103K after a market dip triggered by DeepSeek’s AI shock. Institutional accumulation grows, with BTC targeting $150K.
Bitcoin fell 7% on Monday alongside a general slide among tech stocks including Nvidia, as China’s new artificial intelligence model sent shock waves through Silicon Valley.
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
Crypto assets saw a panicky decline overnight alongside a Nvidia-led tech stock plunge on DeepSeek's more efficient artificial intelligence
At the time, Bitcoin felt extremely risky for investors' portfolios. But even a little bit of exposure ended up generating a powerful return. Here are the details.
SoftBank rose 16.2%, Oracle 14%, ARM 8.88%, MGX 13.79%, Nvidia 3.54% from Jan. 17 to Jan. 24 close - Anadolu Ajansı
Bitcoin recovers above $102,000 following market turbulence caused by Chinese AI startup DeepSeek's breakthrough, which triggered an $860 million crypto liquidation and caused NVIDIA to lose $600 billion in market value.
Bitcoin (BTC) slipped below $100,000 on Monday as China-based artificial intelligence (AI) model DeepSeek began gaining popularity across the US market, overtaking OpenAI's ChatGPT. DeepSeek's impact also led to rapid declines in the stock market with NASDAQ — spearheaded by Nvidia — diving more than 3%.